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, 201201751 <br /> These agreements may require the mortgage insurer to make payments using any source of funds that[he mortgage <br /> insurer may have available(which may include funds obtained from Mortgage Insurance premiums). <br /> As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any <br /> other entity, or any affiliate of any of the foregoing, may receive (directly or indirec[ly) amowrts that derive from <br /> (or might be characterized as)a portion of BorrowePs payments for Mortgage Insurance, in exchange for sharing or <br /> modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender <br /> takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is <br /> often termed"cap[ive reinsurance." Further: <br /> (a) Any such agmements will not afTect the amouots that Borrower has agreed to pay for <br /> Mortgage lnsurance, or any other terms of the Loan. Such agreemeots will not increase the amount <br /> Borrower will owe for Mortgage Insurance,and they will not entitle Borrower to any refund. <br /> (b) Any such agreements will not aflect the rights Borrower has - if any - with respect to the <br /> Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may <br /> include the right to receive certaio disclosures,to request and ohtain cancellation of the Mortgage Insurance, <br /> to have the Mortgage Insurance terminated automatically, aod/or to receive a refund of aoy Mortgage <br /> Insurance premiums that were unearned at the time of such cancellation or terminatiou. <br /> I1. Assigoment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby <br /> assigned to and shall ba paid to Lender. <br /> If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the <br /> Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such <br /> repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had <br /> an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided <br /> that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single <br /> disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing <br /> or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shali not be required to pay <br /> Borrower any interest or eamings on such Miscellaneous Proceeds If the restoration or repair is not economically <br /> feasible or Lender's security would be lessened,the Miscellaneous Proceeds shall be applied to the sums secured by <br /> this Sewrity Instniment, whether or not then due, wi[h the excess, if any, paid to Borrower. Such Miscellaneous <br /> Proceeds shall be app]ied in the order provided for in Section 2. <br /> In the event of a total taking, destruction,or loss in value of the Property,the Miscellaneous Proceeds shall <br /> be applied to[he sums secured by this Security Instrument,whether or not then due,with the excess, if any, paid to <br /> Borrower. <br /> In the event of a partial taking,destruc[ion, or loss in value of the Proper[y in which Ihe fair market value <br /> of the Property immediately before the paRial taking, destruction, or loss in value is equal to or greater than [he <br /> amount of the sums secured by this Sewrity Instrument immediately before the partial taking,destruc[ion,or loss in <br /> value,unless Borrower and Lender othenvise agree in writing,the sums secured by this Security Instrument shall be <br /> reduced 6y the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a)the total amount of <br /> the sums secured immediately before the partial taking, destruction, or loss in value divided by (b)the fair market <br /> value of the Property immediately hefore the partial taking,destruction,or loss in value. Any balance shall be paid <br /> to Borrower. <br /> In the event of a partial taking, desWction,or loss in value of the Property in which the fair market value <br /> of the Property immediately before the partial taking, destme[ion, or loss in value is Iess than the amount of the <br /> sums secured immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender <br /> otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security <br /> Instrument whether or not the sums are then due. <br /> NEBRASI:A-Single�emily-Fanuie Mae/Freddie Ntac UNIFORM INSTRUMEVT WITH MCRS Form 302R 1/01 <br /> Page 9 of 16 ��, <br /> l�itials:�_,_. <br />